Jim Cramer Says "I have a Special Place in My Heart for Costco"

Costco Wholesale Corporation (NASDAQ:COST) is one of the stocks in focus this week under Jim Cramer’s game plan. Cramer expressed how much he likes the company, as he commented:

Next, I have a special place in my heart for Costco. I stop every time I see one when I’m on the road. They’re almost always exciting and different. You need to go aisle by aisle to get the goods… Never go to Costco on a full stomach there. If you only take one thing away from the show, it’s that. All that said, we want to see how many people re-up when their Costco cards expire. That’s the key number now, the key metric. Lately, the number hasn’t progressed; in fact, it’s gone downhill. What is that about? I think it’s largely younger people who fall out of love with Costco, and they do e-commerce. They don’t know what a bargain looks like if it hit them over the head anyway. They’re silly.

Costco Wholesale Corporation (NASDAQ:COST) operates membership warehouses and provides groceries, fresh food, household goods, electronics, and more. In addition, the company offers various services through pharmacies, gas stations, optical centers, and e-commerce options. We recently reported BoFA’s coverage on the company’s stock. You can read it here.

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